Business

Shipping companies rerouted vessels, refused to take on new customers and forecast long delays—and longer-term port congestion around the world—raising the global trade and economic stakes of the grounding of the Ever Given in the Suez Canal.

A major European Union-China investment deal has been thrown into question after China resorted to aggressive diplomacy in response to EU sanctions.

China’s military ban on Tesla vehicles could be part of the Chinese Communist Party (CCP)’s recent tough diplomatic stance against the United States, and can also be used to limit Tesla’s expansion in China to boost local brands, according to two China experts.

Chinese electric vehicle maker Nio became the latest carmaker to temporarily suspend production on Friday as a result of a global semiconductor chip shortage that has led to major losses.

The hosts of the Keiser Report, Max and Stacy, look at the data on what the trillions in free money are doing to the wealth gap, as the topic of the demand for more of that free money trends on Twitter.

White House press secretary Jen Psaki said Wednesday that neither individuals nor families earning less than $400,000 per year will see their taxes increase under President Biden’s tax plans.

Thursday’s report from the Labor Department showed that jobless claims fell from 781,000 the week before. It is the first time that weekly applications for jobless aid have fallen below 700,000 since mid-March of last year. Before the pandemic tore through the economy, applications had never topped that level.

Sen. Elizabeth Warren's plan to tax the net worth of the wealthiest Americans could reduce U.S. economic growth by 1.2% over the next 30 years, according to a new analysis published this week.

If the United States doesn’t implode from mass illegal immigration or media-stoked race wars, the crushing tax burden from President Joe Biden and other Democrats could deliver the death blow.

China on Tuesday threatened retaliation against the U.S. over sanctions that targeted Beijing’s alleged human rights abuses in Xinjiang province, with top Chinese officials vowing that America and its allies “will pay a price for their ignorance and arrogance.”